Bitcoin and Nasdaq futures experienced declines on December 11, 2025, following Oracle's disappointing earnings report. The tech company reported cloud revenue of $4.1 billion, falling short of expectations, while its long-term debt increased to $99.6 billion. Morgan Stanley projects this debt could rise to $290 billion by 2028. Oracle's shares dropped over 10% in after-hours trading, impacting market sentiment. The negative reaction to Oracle's earnings report affected broader markets, including the cryptocurrency sector. Bitcoin fell 2.8% over 24 hours, trading around $90,000. The futures market also saw widespread declines as investors responded to the earnings miss and growing debt concerns.